Russia’s crude exports
Published by Stephanie Roker,
Editor
World Pipelines,
Russia is set to export approximately 180 000 bpd more of crude oil in 2016 in comparison to last year.
Exports via pipelines and the Far East ports leading directly to Asia will only increase it by 50 000 bpd, with the remainder of the growth coming in outflows from European ports.
Higher exports from European ports will thus encourage greater outflows of Russian crude oil from Europe to Asia. As a result, this will intensify the battle for market share there, as well as in Europe.
Edited from source by Stephanie Roker
Read the article online at: https://www.worldpipelines.com/business-news/11032016/russias-crude-exports/
You might also like
World Pipelines Podcast: Going global with IPLOCA
In this episode, Elizabeth Corner speaks to Georges Hage, Executive Secretary at IPLOCA, about IPLOCA's insights on the culture and characteristics of the pipeline contractor community, and how it works to support sustainable energy infrastructure.
Construction begins on Greensand’s carbon dioxide transit terminal at Port Esbjerg
When the tanks are full, the liquefied carbon dioxide will be loaded onto a dedicated carrier from Royal Wagenborg and shipped to the INEOS Nini platform in the Danish North Sea. From there, it will be safely injected via pipeline into subsurface reservoirs approximately 1800 m beneath the seabed for permanent storage.
